First major event risk of the week is set to be RBA interest rate decision. Last time I was correctly predicting a no move from RBZ, basing my decision on the inter banking futures rates which have been predicted 24 of the last 25 RBA decisions correctly. The OIS market is pricing in an 80% chance of a cut in April.
You can read more about it here: RBA Keeps Rates on Hold
When you have an indicator with such a high level of accuracy it's undoubtedly mistakenly to ignore it. Both the, aussie 9…
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